Phal's Group

Mrs. Phal P. is 40 years old and the president of a sixteen-member loan group in Toul Krosang village in Kandal province. With the loan, the group members hope to increase their incomes and improve their families' living conditions. Mrs. Phal P. owns a general store where she sells groceries. Her husband is a farmer who rents a small plot of land to cultivate lotus plants. In order to support both businesses, Mrs. Phal P. is asking for a loan to buy fertilizer for her husband's farming as well as more groceries to sell. The couple has four children; one is a farm laborer while the other three attend the local school.

Additional Information

About AMK

Angkor Microfinance Kampuchea (AMK) is a leading microfinance institution in Cambodia with a wide reach of operations. AMK works with over 6,000 villages and serves clients in every Cambodian province. With an average loan size of US$115, AMK’s focus is to provide credit and savings products to the very poor in rural areas. For more information, please visit AMK's website.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.